Call Invite | KSS | Model Tear Down

11/25/20 02:26PM EST

With KSS stock rallying over 50% in just over 2 weeks we’re stress testing the model to see where we might be wrong.  Management has given long term guidance implying it will get back to 5 year peak operating margins of 7-8%, something we think is very difficult to achieve for KSS in this new megacycle of retail #Retail5.0.  We’re still coming out with EPS numbers far below where street expectations are 1-3 years out. 

We’re hosting a call on Friday December 4th at 10am to vet through each line of the P&L and how we’re getting to each assumption.  We’ll debate those estimates to assess where we could be wrong and why, as well as identify which assumptions we have the most confidence in.


Call Details
Date/Time: Friday December 4th at 10am EST   Add to Calendar: CLICK HERE
Toll Free:
Toll:
UK: 0
Confirmation Number: 13713579
Live Video Link: Will be provided prior to call.

© 2024 Hedgeye Risk Management, LLC. The information contained herein is the property of Hedgeye, which reserves all rights thereto. Redistribution of any part of this information is prohibited without the express written consent of Hedgeye. Hedgeye is not responsible for any errors in or omissions to this information, or for any consequences that may result from the use of this information.